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LNG

LNG Investments to Reach $42B Annually in 2024: Report

This is 20 times the investments seen in 2020 which amounted to $2b.

Solar Cell

ØRsted Acquires First Solar Project in Ireland

Ørsted has acquired the 65MW Ballinrea solar PV project in Ireland from renewable energy developer Terra Solar.

CCS

Milestone for Cross-Border CO2 Transport and Storage in Europe

Ammonia distributor Yara and energy consortium Northern Lights have signed what has been hailed as the world’s first cross-border commercial agreement for CO2 …

Crude Oil

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

CCS

China’s Sinopec Starts First Carbon Capture, Storage Facility, Plans Another Two by 2025

China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and p…

Offshore Wind Power

Germany Secures Link to Planned Baltic Sea Renewable Energy Island

Germany has secured a power link to a planned offshore wind hub in the Danish part of the Baltic Sea that will help reduce energy dependence on Russia, Denmark'…

Electric Car

Toyota Builds 1MW Hydrogen System for US Department of Energy

The $6.5m project is being funded by the DOE and could be operational within three years

LNG

Canada Sees West Coast LNG Revival as World Scrambles for Gas

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposi…

Crude Oil

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

UAE, Oman back Saudi view on possible output cut

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…

Solar Cell

Green Material Absorbs Light More Strongly Than Conventional Solar Cell Technologies

Solar cells are vital for the green energy transition. They can be used not only on rooftops and solar farms but also for powering autonomous vehicles, such as …

Germany

Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper

The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazpro…

Nuclear Power Plant

Swiss Group to Launch Petition to Rethink Nuclear Power Plans

A group of Swiss politicians has formed 'Stop Blackouts', which will launch a petition seeking a revision to the country's energy policy to guarantee adequate p…

Wind Power Project

India Could Raise RE Capacity by About 24GW With Wind Energy

As of March 2022, 37.7% of its cumulative installed capacity was wind.